Corsair Gaming (Germany) Performance
| 6C2 Stock | EUR 11.94 0.64 5.66% |
Corsair Gaming holds a performance score of 20 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.44, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Corsair Gaming will likely underperform. Use Corsair Gaming total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on Corsair Gaming.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Corsair Gaming are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Corsair Gaming reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 65.4 M |
Corsair |
Corsair Gaming Relative Risk vs. Return Landscape
If you would invest 621.00 in Corsair Gaming on November 19, 2024 and sell it today you would earn a total of 573.00 from holding Corsair Gaming or generate 92.27% return on investment over 90 days. Corsair Gaming is currently producing 1.1922% returns and takes up 4.5282% volatility of returns over 90 trading days. Put another way, 40% of traded stocks are less volatile than Corsair, and 77% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Corsair Gaming Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corsair Gaming's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Corsair Gaming, and traders can use it to determine the average amount a Corsair Gaming's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2633
| Best Portfolio | Best Equity | |||
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| Small Returns | 6C2 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.53 actual daily | 40 60% of assets are more volatile |
Expected Return
| 1.19 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Corsair Gaming is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Corsair Gaming by adding it to a well-diversified portfolio.
Corsair Gaming Fundamentals Growth
Corsair Stock prices reflect investors' perceptions of the future prospects and financial health of Corsair Gaming, and Corsair Gaming fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Corsair Stock performance.
| Return On Equity | -0.0882 | |||
| Return On Asset | -0.0258 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.04) % | |||
| Current Valuation | 1.72 B | |||
| Shares Outstanding | 101.49 M | |||
| Price To Earning | 15.45 X | |||
| Price To Book | 2.98 X | |||
| Price To Sales | 0.94 X | |||
| Revenue | 1.38 B | |||
| EBITDA | (1.06 M) | |||
| Cash And Equivalents | 121.62 M | |||
| Cash Per Share | 1.32 X | |||
| Total Debt | 232.17 M | |||
| Debt To Equity | 0.66 % | |||
| Book Value Per Share | 6.15 X | |||
| Cash Flow From Operations | 66.39 M | |||
| Earnings Per Share | (0.60) X | |||
| Total Asset | 1.3 B | |||
About Corsair Gaming Performance
By analyzing Corsair Gaming's fundamental ratios, stakeholders can gain valuable insights into Corsair Gaming's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Corsair Gaming has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Corsair Gaming has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. Corsair Gaming, Inc. operates as a subsidiary of Corsair Group , LP. CORSAIR GAMING operates under Computer Hardware classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2411 people.Things to note about Corsair Gaming performance evaluation
Checking the ongoing alerts about Corsair Gaming for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Corsair Gaming help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Corsair Gaming appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.38 B. Net Loss for the year was (54.39 M) with profit before overhead, payroll, taxes, and interest of 296.63 M. | |
| Over 79.0% of the company shares are owned by institutions such as pension funds |
- Analyzing Corsair Gaming's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Corsair Gaming's stock is overvalued or undervalued compared to its peers.
- Examining Corsair Gaming's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Corsair Gaming's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Corsair Gaming's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Corsair Gaming's stock. These opinions can provide insight into Corsair Gaming's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Corsair Stock analysis
When running Corsair Gaming's price analysis, check to measure Corsair Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.
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